Stock Markets

Sensex extends gains, up 87 points in early trade

Mumbai - The benchmark BSE Sensex gained over 87 points in early trade on Monday on mild buying by funds and investors amid robust global trends coupled with positive domestic sentiments after the introduction of GST Bill in the Lok Sabha on Friday.

Rising for the third straight day, the 30-share index, which had gained 661.71 points in past two sessions, rose by 87.28 points, or 0.32 per cent, to 27,459.12 with stocks of metal, FMCG, capital goods and realty sectors leading the rise.

The National Stock Exchange index Nifty also moved up by 18.10 points, or 0.22 per cent, to 8,243.30.

Sensex up 314 points in early trade on global trends

Mumbai - Extending its rise for the second straight session, the benchmark BSE Sensex spurted by over 314 points in early trade on Friday on firming global trend after the US Fed gave indication of holding interest rate hike in the short-term.

Besides, further recovery in the rupee, which was trading 11 paise higher at 63 against the dollar in early trade, also supported the rally.

The 30-share index, which had gained 416.44 points in the previous session, rose further by 314.29 points, or 1.16 per cent, to 27,440.86.

Sensex snaps 5-day losing trend to regain 27K mark; Nifty over 8,100 level

Mumbai - Snapping their five-day losing trend, Sensex soared over 395 points to regain the 27,000-mark and NSE Nifty reclaimed the 8,100-level in early trade today, following rebound in bluechips, boosted by a global markets rally after the US Fed kept its monetary policy unchanged.

The 30-share index rebounded by 395.67 points, or 1.48 percent, to trade above the 27,000-mark at 27,105.80. The gauge has lost 1,120.97 points in the previous five sessions.

All sectoral indices, led by consumer durables, banking, power, capital goods, realty and metal, gained up to 3.03 percent.

Sensex drops 285 points in morning trade; Nifty below 8K-level

Mumbai - Bears continued to cast shadow as the benchmark BSE Sensex extended its overnight crash to drop 284.91 points and Nifty fell below the crucial 8K-level on across the board selling amid mixed Asian cues.

The market was entangled by global uncertainties due to fall in crude oil prices, Russian currency turmoil as well as uninterrupted selling by FIIs.

There is a need of definite trigger for bourses to recoup as investors are looking for the outcome of a crucial US Federal Reserve meeting, a trader said.

The 30-share BSE Sensex resumed lower at 27,724.01 and dipped to 26,483.57, down by 284.91 points, or 1.06 percent, at 1015 hours.

SpiceJet shares plunge 17% as airline asks for govt help

Mumbai - Continuing its plunge for the fourth straight session Tuesday, shares of SpiceJet tanked 17 percent even as the beleaguered company got a breather with indications that state-run Airports Authority of India would not press for immediate clearance of Rs 200 crore dues.

Amid continued sluggish investor sentiment for the shares of the Kalanithi Maran-led company, SpiceJet plunged 16.97 percent to Rs 11.25 at the BSE.

In four trading sessions, the stock has crashed over 25 percent, eroding Rs 216.63 crore from its market value.

Marketmen said that the stock is witnessing a downtrend amid mounting troubles for the cash-strapped budget carrier.

TCS shares tank 4% on revenue growth concerns

Mumbai - Shares of Tata Consultancy Services (TCS) fell by 4 percent Monday on worries that growth may be muted after the company said it expects revenue in December 2014 quarter to be 'in-line with seasonal trends'.

TCS's scrip tumbled 4 percent to Rs 2,356.45 at the BSE.

On the NSE, it was down 3.9 percent to Rs 2,355.10.

The bellwether stock was the worst performer among the 30-Sensex constituents.

The third quarter of the fiscal is traditionally weaker for IT firms as business is impacted by low volume growth amid Christmas and New Year holidays and furloughs in the US and Europe.

Sensex plunges 245 points in early trade, Nifty dips below 8,200

Mumbai - The benchmark Sensex tumbled over 245 points and the Nifty went below the 8,200 mark in early trade Monday on continued selling by funds and retail investors after October industrial production contracted sharply, amid a weak trend in the Asian region.

Falling for the third straight session, the 30-share barometer plunged by 245.64 points, or 0.89 percent, to 27,105.04 with IT, consumer durables, realty, capital goods, metal and oil & gas stocks leading the fall.

Auto, healthcare and power stocks also faced selling pressure.

The BSE index had lost 480.42 points in the previous two sessions.

Sensex, Nifty plunge in early trade on global selloff

Mumbai - The benchmark BSE Sensex tumbled over 258 points to 27,572.70 and the NSE Nifty slumped by 74.15 points to trade below 8,300-mark in early trade on Thursday on sustained foreign fund outflows, tracking weak global cues amid plunging crude prices.

The 30-share index fell by 258.40 points, or 0.92 per cent, to 27,572.70, with all the sectoral indices led by capital goods, realty, auto, metal and PSU trading in the negative zone.

The gauge had gained 34.09 points in yesterday's volatile trade.

Also, the National Stock Exchange index Nifty shed 74.15 points, or 0.88 per cent, to 8,281.50 in early trade.

Sensex extends losses for 4th straight day; trading at 27,710

Mumbai - Continuing its falling streak for the fourth straight day, the benchmark BSE Sensex fell by nearly 87 points in early trade on Wednesday on sustained selling by funds and investors amid weak global cues.

The 30-share barometer, which lost 765.81 points in the previous three sessions, fell by 86.98 points, or 0.31 percent, to 27,710.03 in early trade.

On similar lines, the National Stock Exchange index Nifty declined by 9 points, or 0.11 percent, to 8,331.70.

Sensex slips below 28K, Nifty down 72 points

Mumbai - Extending their fall, the benchmark BSE Sensex slipped below the 28,000 level and the NSE Nifty dropped below the 8,400 mark at midsession as funds and retail investors indulged in selling activity amid weak global cues after crude oil dipped to fresh five-year lows.

After opening in negative terrain on continued selling activity by participants, the Sensex dipped below the psychological 28,000-mark to touch a low of 27,869.92. It, however, recovered marginally to 27,911.35, down by 208.05 points, or 0.74 percent at 1330 hours.

Sensex down 105 points as IT shares slip; logs 1st weekly drop in 7 weeks

Mumbai - The benchmark Sensex on Friday ended 105 points lower at 28,458.10 and logged its first weekly drop in seven weeks on late profit-booking in IT and pharma shares.

The BSE Sensex appears to be consolidating between 28,000 and 29,000 levels before making any fresh move, brokers said.

ITC, M&M and Sesa Sterlite were among the few gainers in 30-share Sensex. The barometer fell on losses led by TCS, Infosys, Wipro, Sun Pharma, Dr Reddy's and Cipla shares.

Second-line stocks, which have been in the limelight recently, also were hit by profit-booking by retail investors, brokers added.

SAIL offer for sale subscribed more than two-times, govt gets Rs 1,715 crore

New Delhi - Government's disinvestment drive got a tremendous start Friday, with steel major SAIL's share sale being subscribed more than two times fetching the exchequer Rs 1,715 crore.

The first disinvestment offering this fiscal saw retail investors lapping up SAIL shares taking the overall subscription to 2.08 times (42.93 crore shares) of the 20.65 crore shares on offer.

Government's stake in SAIL will come down to 75 percent pursuant to this public issue, helping the company to meet Sebi's listing norms.

Government has set a target of Rs 43,425 crore through selling stakes in various PSU firms during the current fiscal.

Sensex rises for second straight session; trading over 28,600 level

Mumbai - Rising for the second consecutive session, the benchmark BSE Sensex gained over 88 points in early trade on Friday on sustained foreign capital inflows coupled with a mixed trend on other Asian bourses.

The 30-share index, which had gained 120.11 points in the previous session, gathered another 88.93 points, or 0.31 percent, to 28,651.75 with oil & gas, metals and capital goods sectors leading the rise.

The NSE Nifty also shot up by 15.15 points, or 0.18 percent, to 8,579.55.

Sensex gains 278 points; Nifty hits new peak

Mumbai - The benchmark BSE Sensex staged a strong comeback by surging over 278 points and the NSE Nifty hit a new high of 8,626.95 in early trade Thursday as shares of ITC led the rally on expectations that the proposal to ban sale of loose cigarettes is likely to be put on hold.

Besides, a firming trend in other Asian markets buoyed the trading sentiments here.

The 30-share index, which had retreated from record-high by falling 251.28 points in the past three sessions, recovered by 278.41 points, or 0.98 percent, to 28,721.12 with all the sectoral indices, led by FMCG, realty, oil & gas and banking, trading in positive zone with gains up to 2.26 percent.

Sensex slips 47 points after positive start

Mumbai - The benchmark BSE Sensex slipped by 46.58 points in morning trade on Wednesday as bourses turned wavery on bouts of selling in key bluechips from IT, tech, healthcare and FMCG sectors.

Earlier, the market recovered from its overnight losses amid firm buying in realty, capital goods, banking, consumer durables, metal and oil & gas sector stocks coupled with shares of mid-cap and small-cap companies.

Higher Asian cues amid overnight gains in US stocks along with FII inflows overlapped the market sentiment.

The 30-share index opened higher at 28,472.32 and fluctuated between 28,504.65 and 28,370.73 before quoting 28,397.43 points at 1100 hours.

Inflation in India close to post financial crisis lows: Nomura

New Delhi - Japanese brokerage Nomura on Tuesday said inflation levels in India are close to post global financial crisis lows, and retained its positive stance on the country's stock market.

According to the global financial services major, the national accounts reveal that inflation rates across sectors in the country are close to post-GFC (global financial crisis) lows.

"Inflation across aggregate sectors is close to post-GFC lows; we reiterate our positive stance on the market and remain OW (overweight) on financials," Nomura said in a research note.

Sensex extends gains, up 37 points in early trade

Mumbai - Extending Wednesday's gain, the benchmark BSE Sensex rose over 37 points in early trade on Thursday on sustained buying in blue-chip stocks amid a mixed trend in Asian markets.

Besides, covering-up of pending short positions by speculators on the last day of November series expiry in the derivatives segment also influenced sentiment.

The BSE 30-share barometer, which had gained 48.14 points in yesterday's volatile trade, rose 37.75 points, or 0.13 per cent, to 28,423.94.

Similarly, the NSE Nifty also advanced by 12.80 points, or 0.15 per cent, to trade at 8,488.55.

Nifty hits another record; Sensex trading over 28,540 level

Mumbai - The NSE Nifty continued its record-setting spree by rising 5.20 points to 8,535.35 and the BSE Sensex gained nearly 42 points to 28,541.22 in early trade today on sustained foreign fund inflows amid a mixed trend at other Asian bourses.

The Nifty moved up by 5.20 points, or 0.06 percent, to trade at a new life-time high of 8,535.35, breaching its previous record of 8,534.65 touched yesterday.

The 30-share index, which had gained 466.69 points in the previous three sessions, flared up by 41.68 points, or 0.14 percent, to quote at 28,541.22, shying away from its record high of 28,541.96 reached yesterday.

Sensex, Nifty extend record-breaking spree

Mumbai - Continuing their record-breaking spree, markets on Monday hit new highs with the BSE Sensex scaling another peak of 28,514.98 and the NSE Nifty breaching the 8,500-mark for the first time in opening trade on sustained capital inflows buoyed by positive domestic and global cues.

The benchmark BSE Sensex climbed 180.35 points, or 0.63 per cent, to trade at a new high of 28,514.98, breaking its previous record of 28,360.66 reached on November 21.

The benchmark index had gained 301.78 points in the previous two sessions.

Sensex, Nifty scales new peak in morning trade

Mumbai - The benchmark NSE Nifty rose nearly 71.60 points to hit new record of 8,473.50 and the BSE Sensex climbed over 230.97 points to trade at 28,298.53; in early trade on Friday on increased buying by foreign funds and retail investors amid a mixed trend at other Asian bourses.

The Nifty was quoted higher by 59.75 points, or 0.71 per cent, to new life-time high of 8,461.65, surpassing previous high of 8,455.65 touched on November 19.

The 30-share index, which had gained 34.71 points in the previous session, rose by 187.29 points, or 0.66 per cent, to 28,254.85 with banking, consumer durables, healthcare, metal, auto and oil & gas stocks leading the gains.




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